Does the Declining Dollar Affect You?
Current State of Affairs for the Dollar
Under both the Bush and Obama administrations, U.S. government spending – financed by government borrowing – has skyrocketed, resulting in a prolonged decline of the value of the dollar. This trend escalated with the Federal Reserve’s reaction to the 2008 subprime mortgage crisis and [...]
So Are We Recovering or Not? The Answer may Be Up To Us
Up and Down at the Same Time
One of the challenges at the beginning of any economic recovery is reading mixed indicators. One sector of the economy will perk up while another sector takes a downturn. Moreover, most areas of the economy remain stagnant. The average consumer is confused, and investors [...]
New Economic Signs: Rays of Hope?
Economic Indicators Are Rising . . . and Confusing
Production is on the rise
If you need easy loans just to make it from paycheck to paycheck, and even then you could still use some extra cash, take heart. Recently there have been hopeful signs that the current recession is coming [...]
Short Term Loans Going Strong as GDP Shrinks Lower Than Hoped
GDP Decline
Short term loans are still a viable option to bill payment. Despite projections that the recession was coming to an end soon, research shows that consumers will be suffering a little longer. The economy’s GDP declined 6.1%, well below estimations, as a result of businesses’ expense-cutting and drops in [...]
Payday Loans More Popular in UK | Recession Confirmed
Financial crisis goes global
Image by orangetab via Flickr
Payday loans have recently grown in popularity in the United Kingdom, a sign that families are struggling to keep up with their expenses. Between August 2007 and June 2008 the amount of payday loans lent in the U.K. increased 130 percent.
When individuals and families [...]
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